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Japan’s business mood worsens in third quarter, Bank of Japan ‘tankan’ survey shows
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Japan’s business mood worsens in third quarter, Bank of Japan ‘tankan’ survey shows

Big manufacturers' index at plus 8 vs f'cast +11Big non-manufacturers' index at plus 14 vs f'cast +13Global slowdown clouds outlook of export-reliant economyTOKYO, Oct 3 (Reuters) - Japanese manufacturers' business mood worsened in the three months to September, a central bank survey showed on Monday, bolstering views that the weakening yen and its inflationary impact on business costs undermined a fragile economic recovery.Adding to the gloom, fears of a global economic slowdown cloud the outlook for the export-reliant economy, which is still just emerging from the coronavirus pandemic.Service-sector sentiment brightened a tad from three months ago, the Bank of Japan's "tankan" survey showed, although retailers were less optimistic due to the rising cost of living blamed on higher comm...